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Tothemoon

BTCUSD: Accumulation Phase D to Complete & BTC Bulls rallyHi, don't forget to checkout other Previous ideas on BTC. One thing to note is that the Wyckoff Accumulation Structure about to be Completed as we are waiting for the confirmation of Phase D to complete then E then after the Bull rally will continue. Price has to break , close above and Re-Test @40653.34 for the market to continue with being Bullish. Checkout the previous Ideas as this is just an Update to them. PLEASE trade Responsibly and FOLLOW you own RISK MANAGEMENT.
BITSTAMP:BTCUSDLong
by Theofylrx
Predicting Elliot Wave and Fibonacci for the next WaveAfter completing the Cup and Handle pattern fully, it looks to me as if we completed a full impulse wave 12345 with a ABC correction. This perception is also supported by the perfect fibonacci levels. This suggests we are about to enter a new cycle. Since the Earnings report was incredibly bullish (25% sales growth, 49% earnings beat) and the surrounding news (new CEO from AMZN, new CFO from AMZN) is all very bullish, I expect another impulse wave to begin. We might have a flat correction in between first, but I don't expect too much downside. The next movement I expect a 1 wave retesting 300, but getting rejected, retracing to 240-260. Then we will see the long 3rd wave, achieving a new ATH, finally in the region of 620. Before I expected this to go between 600 and 800, so this is a fairly conservative estimation. The wave 4 correction will take us back down to the 400s before pushing for the wave 5 to over 1k. Important to note, that after this strong move upwards, we will see a triangle wave or running flat correction first, with 3-5 weeks of sideways trading. This will not invalidate the idea. Also another step backwards below 232 will not invalidate the idea, just change the numbers slightly. I consider this idea failed if we drop below previous wave 1 which is around 180.
NYSE:GMELong
by baumulrich
2
GME gearing up for more upsideAs predicted in my older posts, GME is now nearing the completion of the Cup and Handle pattern. This is very bullish, and indicated that it is ready to continue its long term upward trajectory. The long term trend we see with this pitch fork from the ATL to first peak and next low outlines that we should be expecting another test of the top of the 1x trend line at around 760 to 800, and after that, we could even see a run to the 2x trend line like in January at around 3000 to 3200 within a months time. This is the best case scenario. I consider this trend invalidated if we fall below the purple zone between 90 and 80.
NYSE:GMELong
by baumulrich